BTC have chances to form head and shoulder pattern is conformation loss 27500$ support then will see 19500$ becoz we have GAP in that region. v
TOTAL have chance to take retracement becoz of Double top and RSI DIVERGENCE, Next support levels are 1.2T , 980B , 874B and 725B. Another chance to make triple top also if interest rates go lesser. #Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto
Canara Bank (CANBK) is showing bearish divergence with momentum and price which means that upmove is losing it's momentum How can i say this ? Because Prices are rising and momentum (RSI) is not rising in the given direction which shows lack of strenght, doesn't mean it cannot move upwards but the probability of moving down is more. This view can help us,if not...
RSI Divergence can be clearly seen on the nifty chart. The same pattern has predicted a fall or correction in the past. The same divergence can be seen before the 2020 crash.
- Dark Cloud Cover formation at the resistance. - Bearish Divergence Confirmation - Failed to make a Fresh High - Retracement or Reversal - Time will tell.
NSE:APOLLOTYRE is making a higher high whereas RSI is diverging by making a lower Highs. If taken a trade, In my opinion if RSI crosses below the support line one must exit the trade and take out profits
Despite NASDAQ:NFLX beating its earnings across the board, its stock came across some bearish moment. Here I believe we might see a reversal in trend, as noticeable a divergence signal from MACD & RSI both. Also, Considering today’s price action, a jump of almost 1.5% intraday from its 200 MA, we might continue to be bullish and breakout from the triangle as well.
VEDL is neutral at the moment with both bullish and bearish signs 1. a long term 600%+ rise - bull 2. 51 % correction from top - bear 3. classic bull divergence between rsi and price - bull 4. minor hidden bearish divergence between rsi and price 5. a down flag/pennant consolidation 6. RSI is in downtrend the price is moving with contracting bases challenging...
Nifty showing Bearish divergence wrt RSI as well as MACD on Weekly timeframe. On Medium term this may signify a bigger correction incoming. Nifty remains a buy in short term.
BUllish divergence on Nifty w.r.t RSI and MACD. Double divergence gives strength to it. Short term bullish reversal can play out here.
Cummins chart has formed a head and shoulder with classic bearish divergence at top. short entries can be planned as per strategy.
CMP 880 Weekly chart 1) has got W pattern 2) with v pattern in first leg of W Daily chart 1) double bottom 2) 12candles motherbar 3) above 50 moving average 4) postive divergence 5) bullish jackpot pattern 6) multiple v pattern support 825-800 can come near 860 too resistance 1050+
M_mFin has alt shark along with wolfewave and rsi negative divergence on daily timeframe . Also a deep crab and Wolfewave at lower timeframe, Expecting a upside move till shark PRZ after hitting small TF ww target . IF sl taken then we can expect Gartley and can long till 272. Forecast of gartley if broken B
While NSE:NIFTY has made new low as compared to Dec 22. NSE:CNXMETAL Index has not broken the Dec 22 lows. This Inter Market Divergence again signalling strength in Broad Market stocks. Historically it leads to Bullish trend reversal.
NSE:NIFTY and NSE:CNXAUTO are showing Inter market Divergence again. Last time Divergence occurred in June 2022 when Nifty gave reversal. Will the Divergence work again. Chance are High. We need to wait for follow up Buying though.
Reliance is showing positive RSI divergence in Hourly timeframe… which indicates a possible reversal…
Inter Market Divergence btwn NSE:NIFTY and NSE:BANKNIFTY suggesting we are nearing the end of corrective phase. We should be heading for Rally. Buying opportunities here. #Elliottwave
has formed divergence with v pattern concept NEAR SUPPORT AT 365 RESISTANCES AT 440,520 RISK:REWARD= 1:3